According to Volkswagen Group’s SEAT Cupra CEO Wayne Griffiths, Cupra has been conducting market testing for the potential entry into the US market. Cupra has recently entered new markets outside of Western Europe and is producing a number of all-electric models in Spain in an effort to establish itself as a distinct EV brand. Cupra, […]
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FIFA has confirmed that the United States, Mexico, and Canada will all be automatically included in the 2026 World Cup. With a larger field of 48 teams, the three nations are scheduled to host the tournament in 2026. The six spots for CONCACAF teams that are left after the three hosts have been filled by […]
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As Ford ramps up production of its F-Series pickup trucks and electric vehicles, February 2023 sales at Ford Motor Company increased by more than 20% from the year before. Thursday, the Detroit automaker revealed that it sold 157,606 vehicles in February, up 22% from the previous year and 7.7% from January. In February 2022, supply […]
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With the acquisition of a portion of Chesapeake Energy’s Eagle Ford shale holdings in south Texas for $1.4 billion, UK chemical specialists INEOS have entered the US onshore oil and gas market. INEOS Energy will acquire approximately 2,300 wells that produce net 36,000 BOE/D in accordance with the terms of the deal. The acquisition, which […]
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In response to the US Inflation Reduction Act (IRA), which prohibits subsidies for imported EVs, Hyundai Motor announced that it has stared production of an electric vehicle (EV) in the United States. According to Yonhap, a company official stated that the South Korean automaker began assembling the Genesis GV70 SUV in its Alabama plant on […]
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According to South Korea’s visiting Industry Vice Minister Jang Young-jin, the United States intends to release additional information on the provision of tax credits for the purchase of new electric vehicles (EVs) the following month, as scheduled. This week, Jang arrived in Washington to discuss a variety of topics with his American counterpart, Deputy Secretary […]
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Tesla is updating its self-driving software in response to concerns raised by US safety officials that it could permit drivers to travel at unsafe speeds or through intersections. According to government filings, the recall affects nearly 363,000 vehicles in the United States. Tesla asserted that it was unaware of any incidents involving fatalities or injuries. […]
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The Dow and the S&P500 indexes closed the session slightly below the neutral line on Tuesday, February 14, 2023, while the Nasdaq managed to maintain its gain line. The majority of US stocks were lower on that day. The stronger-than-expected reading of US inflation, which supports a case for additional interest rate increases, was primarily […]
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The use of certain qualified health claims regarding the association between the consumption of high flavanol cocoa powder and a lower risk of cardiovascular disease is not anticipated to be objected by the US FDA. However, the US FDA determined that there is very little credible scientific evidence for the reduced risk, which will restrict […]
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VinFast intends to become a global brand after making its grand debut at the LA Auto Show in 2021 and delivering the first electric vehicle sold in Vietnam. VinFast held a celebration in November to mark the first shipment of 999 VF 8 models to the United States. The EV manufacturer filed the necessary paperwork […]
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